1547 Sapphire Ct

Gurnee, IL 60031
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3 bd, 3 ba | 1,732 sqft | Built in 1998

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List Price
$290,000

Initial Investment

$79,025

Purchase Price

$290,000

Down Payment

25%

Rent

$2,200

Total Return

$34,609

Annualized Return

6.8%

Cap Rate

3.7%

Gross Yield

9.1%

Cash Flow

-$6,002

Appreciation

4.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

1,307

HOA

$248/mo

Flood Risk

Not Required

This amazing 3 bed/2.1 bath end unit town home is newly renovated and ready to move in to. You will be welcomed into an open concept living space featuring 9 ft ceilings and large windows that make the home so bright with natural light. The kitchen boasts refinished cabinets, an island with seating, stainless steel appliances, an eating area, and deck access for fresh air. The kitchen opens to a combined dining/living room making the space perfect for entertaining. The primary suite includes a dedicated primary bath and large walk-in closet. Upstairs there are two more generously sized bedrooms, a full bath, and laundry room with brand new washer/dryer. On the lower level you'll find a flex space that can be used as an office, rec room, or bedroom and the above grade windows make the space feel so light. The two car garage provides room for additional storage. New flooring, doors, light fixtures, hardware and paint throughout. Furnace, AC, HWH only 5-6 years old. Roof 2 years old. This home is conveniently located near a neighborhood park, schools, dining, shopping, public transportation, and 94. Come and see this fantastic home today! Call Tim @ 7739913538 today for a tour.

See more in Analysis
Jake Fugman
eXp Realty - Jake Fugman - Axon Group

Annual Financial Highlights

Expected Rent

$25,080

Expenses

-$7,466

Property Taxes

-$7,850

Loan Payments

-$15,766

Net Cash Flow

-$6,002

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Timothy Dannegger
Agent License 475137884
Solid Realty Services Inc
Certified Agent Brokerage:Jake Fugman
eXp Realty - Jake Fugman - Axon Group
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12215321
Last Updated: 11/22/2024 05:11
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